Gentile Corporation Makes a Product with the Following Standard Costs

question 4

Multiple Choice

Gentile Corporation makes a product with the following standard costs: The company produced 6,000 units in May using 36,970 kilos of direct material and 4,340 direct labor-hours. During the month, the company purchased 40,400 kilos of the direct material at $4.70 per kilo. The actual direct labor rate was $13.70 per hour and the actual variable overhead rate was $2.70 per hour.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
-The variable overhead rate variance for May is:

• A)$1,440 U
• B)$1,302 F
• C)$1,302 U
• D)$1,440 F

---

Definitions:

Adaptive Flexibility

The ability to adjust one's thoughts and behaviors in response to changing circumstances and new information.

Organic Methyl Molecule

A molecule containing a methyl group (-CH3) that is part of an organic compound.

DNA Strand

A molecule that carries genetic instructions used in the growth, development, functioning, and reproduction of all living organisms and many viruses.

Epigenetic Mark

Chemical modifications to the DNA or histone proteins that affect gene activity without altering the DNA sequence, influencing how cells read genes.